London gold dealers report surge in coin, bar demand on Brexit vote
By GCRU Gold News on Friday, June 24 2016, 23:44 - Permalink
Gold dealers in London reported surging demand for coins and bars on Friday, with some saying stocks were tight, after a shock vote for Britain to leave the European Union sent financial markets into meltdown and drove the pound lower.
Gold delivered double-digit percentage gains in sterling terms on Friday, topping 1,000 pounds an ounce for the first time in over three years, and soared as much as 8 percent in dollars.